Day: 11 June 2024

In preparation for the launch of its native governance token, ZK coin, Ethereum Layer 2 project ZKSync has announced an airdrop of 17.5% of the token's total circulating supply, amounting to 21 billion tokens. The distribution will commence next week. According to the announcement, the airdrop will be based on ...

Vancouver-based Metasphere Labs, a tech and Web3 development company, has announced that it will host an online event on X Spaces on Green Bitcoin mining, sustainability and energy markets. The firm noted in its press release that this event will take place on July 3, 2024, at 2 p.m. ET. ...

Oasis Pro, a global fintech infrastructure provider, has partnered with Rise & Shine Partners, a digital assets and blockchain technology-focused investment firm, to launch a Fund aimed at capitalizing on the growth of the Avalanche network. The Fund will invest in the network's infrastructure, as well as its applications, through ...

Going forward, PancakeSwap users will be able to pay gas fees with more than ten different ERC-20 tokens. The PancakeSwap team recently announced an integration with Zyfi, a service that allows users to conduct gas-free transactions and swaps with any token of their choice. This integration is expected to facilitate ...

Crypto.com is now licensed to offer the full range of its crypto services, including crypto-to-fiat exchanges and fiat wallets, to citizens in Ireland after receiving regulatory approval. The exchange, in a recent announcement, noted that the Central Bank of Ireland has approved its application to operate as a Virtual Asset ...

Biconomy has introduced a new tool that represents a major advancement in combining artificial intelligence (AI)with cryptocurrency management. The tool, called the Delegated Authorisation Network (DAN), is designed to let AI help manage users manage crypto transactions securely.  According to the Biconomy team, "DAN is an off-chain authorization network designed ...

The EU Innovation Hub for Internal Security has issued a report condemning the use of privacy coins and cryptocurrency mixers, pointing out the significant hurdles they present for regulation and law enforcement.  According to the report, these tools obscure transaction trails, making it nearly impossible to track illicit activities. "Mixers ...

Regulators in the United States and Canada have issued warnings to consumers about the rapid increase in romance scams involving cryptocurrencies, urging them to be cautious of their online interactions. In a recent statement, the U.S. Federal Trade Commission (FTC) advised individuals to be cautious of online love interests who ...

Ripple has introduced a new fund targeting Japan and Korea to foster innovation on the XRP Ledger (XRPL) in another move to further its expansion plans in the Asia-Pacific region.  The XRPL is Ripple's flagship product. It is a public, open-source blockchain designed for corporate use and to facilitate real-time, ...

Australians can no longer use credit cards and digital currencies for online betting as part of the government's effort to prevent people from gambling with money they don't have. On June 11, The Canberra Times reported that the Australian government had banned the use of digital currencies and credit cards ...